[Breaking] New York Stock Market Closes Lower Amid Strong Consumer Spending and Rising Treasury Yields

The three major indices of the U.S. New York stock market all closed lower on the 17th (local time) due to better-than-expected retail sales and rising Treasury yields.

On that day at the New York Stock Exchange (NYSE), the Dow Jones Industrial Average closed down 0.25% from the previous session. The large-cap-focused S&P 500 index fell 0.56%, and the tech-heavy Nasdaq index closed down 0.59%.